Automotive Industry Financing Program

E79683

The Automotive Industry Financing Program was a U.S. government initiative that provided emergency financial support to major American automakers and related companies during the late-2000s economic crisis to prevent their collapse and stabilize the auto sector.

All labels observed (2)

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf United States government program ⓘ
economic stabilization program ⓘ
administeredBy United States Department of the Treasury ⓘ
surface form: U.S. Department of the Treasury
aimedToProtect U.S. manufacturing base ⓘ
U.S. taxpayers ⓘ
alsoKnownAs AIFP ⓘ
appliesToJurisdiction United States of America ⓘ
surface form: United States
beneficiary Chrysler ⓘ
Chrysler Financial ⓘ
Graduate Management Admission Council ⓘ
surface form: GMAC

General Motors ⓘ
auto parts suppliers ⓘ
country United States of America ⓘ
surface form: United States
endCause stabilization and recovery of U.S. auto industry ⓘ
follows 2008 United States housing and financial crisis ⓘ
surface form: Great Recession

2008 United States housing and financial crisis ⓘ
surface form: late-2000s financial crisis
fundingSource Troubled Asset Relief Program funds ⓘ
governmentBranch executive branch of the United States ⓘ
hasEffect helped preserve U.S. manufacturing jobs ⓘ
prevented disorderly bankruptcy of major U.S. automakers ⓘ
supported restructuring of Chrysler ⓘ
supported restructuring of General Motors ⓘ
implementedBy Office of Financial Stability (historical) ⓘ
surface form: Office of Financial Stability
industry automotive industry ⓘ
legalBasis Emergency Economic Stabilization Act of 2008 ⓘ
partOf Troubled Asset Relief Program ⓘ
policyArea economic policy ⓘ
financial stabilization ⓘ
industrial policy ⓘ
purpose prevent collapse of major American automakers ⓘ
provide emergency financial support to the U.S. automotive industry ⓘ
stabilize the U.S. auto sector ⓘ
reasonForInitiation risk of large-scale job losses in auto sector ⓘ
severe liquidity crisis in U.S. auto industry ⓘ
relatedTo Chrysler Chapter 11 reorganization ⓘ
General Motors Chapter 11 reorganization ⓘ
U.S. auto bailout ⓘ
riskType credit risk ⓘ
sector auto finance ⓘ
auto manufacturing ⓘ
startTime 2008 ⓘ
timePeriod late 2000s ⓘ
usedInstrument equity investments ⓘ
loans ⓘ
warrants ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

U.S. auto industry crisis of 2008–2010 → programUsed → Automotive Industry Financing Program ⓘ
Office of Financial Stability (historical) → programAdministered → Automotive Industry Financing Program ⓘ
this entity surface form: TARP Automotive Industry Financing Program
Troubled Asset Relief Program → keyProgram → Automotive Industry Financing Program ⓘ
Emergency Economic Stabilization Act of 2008 → relatedProgram → Automotive Industry Financing Program ⓘ
AIFP → fullName → Automotive Industry Financing Program ⓘ